Which of the Following Statements Is INCORRECT

question 329

Multiple Choice

Which of the following statements is INCORRECT?

• A) Net exports equals exports minus imports.
• B) The government sector balance equals net taxes minus government expenditures on goods and services.
• C) Private sector balance equal private investment minus private saving.
• D) The sum of government sector and private sector balances equals net exports.

---

Definitions:

Cash Assistance

Financial aid provided in the form of liquid funds to individuals or families in need, often by governmental or charitable organizations.

Entitlement Programs

Government-sponsored programs that guarantee certain benefits to a particular segment of the population.

Transfer Payments

Payments made by governments to individuals without the expectation of a direct return service or goods, often as part of welfare or social security programs.

Social Security

A program run by the government that offers monetary assistance to individuals who are retired, have disabilities, or are surviving dependents of deceased employees.